Performance Management Systems
Data Requirements
Change Initiatives
Actions
Streamline Data Collection
Insights Generation
Analytical Tools
Data Mining and Public Policy
Data-Driven Textual Insights 
Risk
Management: Text analytics can help identify potential risks and challenges by monitoring sentiment and trends
...Integration with Existing
Systems: Incorporating text analytics into existing business processes and systems can be challenging
...harnessing the power of textual data, organizations can gain valuable insights that drive strategic decisions and enhance overall
performance ...
Data Mining for Operational Efficiency Gains 
It is an interdisciplinary field that combines techniques from statistics, machine learning, and database
systems ...Supply Chain
Management Data mining can optimize supply chain operations by analyzing historical data to forecast demand, manage inventory levels, and reduce lead times
...Supplier
Performance Analysis Enhanced supplier selection and negotiation strategies
...
Data Requirements 
Non-Functional Requirements: These requirements pertain to the quality and characteristics of the data, such as
performance, scalability, and security
...Key components of data governance include: Data Stewardship: Assigning responsibility for data quality and
management to specific individuals or teams
...Data Overload: The sheer volume of data can overwhelm
systems and complicate analysis
...
Change Initiatives 
initiatives are structured efforts undertaken by organizations to facilitate significant transformations in their processes,
systems, or culture
...In the realm of business, effective change initiatives can lead to enhanced
performance, improved efficiency, and sustainable growth
...Risk
Management: Identifies potential risks associated with change initiatives and suggests mitigation strategies
...
Actions 
Risk
Management Taking proactive actions can mitigate potential risks before they escalate
...Integration Issues: Difficulty in integrating analytics tools with existing
systems can hinder implementation
...particularly through text analytics, are vital for organizations seeking to enhance their decision-making processes and overall
performance ...
Streamline Data Collection 
Streamline Data Collection refers to the process of optimizing the methods and
systems used to gather data for analysis, particularly in the context of business analytics
...Key steps include: Identifying the purpose of data collection Determining the key
performance indicators (KPIs) Establishing a timeline for data collection 2
...Tool/Technology Description Benefits Data
Management Software Software designed to collect, store, and manage data
...
Insights Generation 
Diagnostic Analytics Examines past
performance to determine why certain events occurred
...Database
Management Systems: SQL and NoSQL databases are essential for data storage and retrieval
...
Analytical Tools 
SAS A comprehensive software suite used for advanced analytics, business intelligence, and data
management ...Finance: Descriptive and diagnostic analytics are applied to assess financial
performance, manage risk, and detect fraud
...Integration Issues: Difficulty in integrating analytical tools with existing
systems can impede analysis
...
Data Mining and Public Policy 
Overview of Data Mining Data mining involves various techniques from statistics, machine learning, and database
systems to analyze large datasets
...Performance Measurement: Evaluating the effectiveness of existing policies and programs
...This has led to more personalized treatment plans and better resource
management ...
Big Data Models 
Sales analysis, customer segmentation, inventory
management ...Performance analysis, fraud detection, quality control
...Image recognition, natural language processing, recommendation
systems ...
Eine Geschäftsidee ohne Eigenkaptial 
Wenn ohne Eigenkapital eine Geschäftsidee gestartet wird, ist die Planung besonders wichtig. Unter Eigenkapital zum Selbstständig machen versteht man die finanziellen Mittel zur Gründung eines Unternehmens. Wie macht man sich selbstständig ohne den Einsatz von Eigenkapital? Der Schritt in die Selbstständigkeit sollte gut überlegt sein ...